Bitcoin is predicted to grow to $ 1 million in the near future

The CEO of payment service Strike predicts that during the current bull rally, bitcoin will reach $ 250,000 and even rise to $ 1 million.

In a podcast with the founder of Pomp Investments, Jack Mullers explained his bold prediction with proof: BTC $95,976.75 Bitcoin -0.95% Market capitalization $1.9 trillion VOL. 24 hours $2.36 billion is still in its early stages of development.

The bond market is currently facing problems, so central banks may inject a significant amount of liquidity into the financial system to stabilize it. This will trigger the growth of assets, including BTC, the businessman believes.

Many financial experts call bitcoin an asset for speculation, but Jack Mullers disagrees. According to him, bitcoin is becoming more and more popular for financial giants from Wall Street, who are changing their attitude to cryptocurrencies.

Strike’s CEO believes that the limited supply of 21 million bitcoins makes BTC as resistant to inflation as possible, unlike fiat currencies and gold. «Bitcoin can be called the hardest form of money due to the fixed schedule of coins and halving every four years. The rate of new coin issuance is gradually decreasing, while the long-term value of bitcoin is increasing,» Strike’s CEO emphasized.